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Benkadi  Iv Group
In this Group: Niancho, Martine , Colette, Nana , Fatoumata , Chata K , Fanta , Alima , Fatoumata , Macheta
BENKADI IV group is made up of married women from the village of NIAZEKAN from the sub-prefecture of KIMPARANA, which comes under the prefecture of SAN, SÉGOU region, fourth administrative district of the Republic of Mali. They live in traditional extended families. They are on average 44 years old and have at least 9 children.They essentially grow peanuts.

Wishing to make their farming ventures profitable, the members of the group Benkadi IV decided to join the loan program of Soro Yiriwaso four years ago. After having correctly reimbursed their preceding loans, they are on their fourth rural (seasonal) loan.

NIANCHO's new loan will be used to buy a sufficient quantity of peanut seeds, small equipment, and entrants to make her peanut crop more profitable. The supplies are bought at the big open-air market of KIMPARANA. After the rainy season, the harvest is stockpiled for a certain time to become valuable before being sold at the big market of KIMPARANA and the surrounding markets, retail (often wholesale) and for cash, to a clientele coming generally from the big towns.

After the sale of their crops, each of the members of this BENKADI IV group expects to earn a profit of 12,500 to 65,000 F CFA which will be used to reimburse the interest on the loan and for current family expenses.
View original language description ↓
Le groupe Benkadi IV est composé de femmes mariées du village de NIAZEKAN de la sous-préfecture de KIMPARANA relevant de la préfecture de SAN, région de SÉGOU quatrième région administrative de la république du Mali. Elles vivent dans des familles traditionnelles élargies. Elles ont en moyenne 44 ans et au moins 9 enfants.
Elles cultivent essentiellement de l’arachide. Dans le souci de rentabiliser leurs exploitations agricoles, les membres du groupe Benkadi IV ont décidé d’intégrer le programme crédit de Soro Yiriwaso depuis maintenant 4 ans. Après avoir correctement remboursé les prêts précédents, elles sont à leur quatrième prêt de campagne.
Le prêt actuel de NIANCHO sera utilisé pour acheter, une quantité suffisante de semences d’arachide, des petits équipements et des intrants pour mieux rentabiliser sa récolte d’arachide. Les achats se font au grand marché de KIMPARANA. Après l’hivernage, les récoltes sont stockées pendant un certain temps pour qu’elles aient de la valeur avant d’être vendues au grand marché de KIMPARANA et dans les marchés environnants, en détail (souvent en gros), au comptant à une clientèle venant généralement des grandes villes.
Les membres du groupe Benkadi IV comptent réaliser chacune, après l’écoulement de leurs produits agricoles, un bénéfice de 12500 à 65000 FCFA qui sera utilisé pour le remboursement des intérêts du prêt et les dépenses courant de la famille.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Mali

  • $1,200
    Average annual income
  • 27
    View loans »
    Mali Loans Fundraising
  • $10,710,275
    Funds lent in using Kiva
  • 448.4
    Communauté Financière Africaine Francs BCEAO (XOF) = $1 USD

Success!! The loan was 100% repaid

A portion of Benkadi Iv Group's $1,075 loan helped a member to buy agricultural entrants, seed, and small equipment.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 12, 2011
Listed
Jul 1, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2012